According to the company, the SimpleNexus mobile app will now be able to instantly notify loan officers when key valuation-related actions occur during the loan origination process. Lenders with additional automatic email alerts built into the valuation workflow will also see their alerts pushed to loan officers via the SimpleNexus app. The alerts will include a direct link to the appraisal order in AIM-Port.UMortgage will retain its brand and sales culture while moving onto NEXA’s larger operating platform, a model NEXA is openly pitching to other broker owners
NEXA Lending's acquisition of UMortgage, is more than a combination of two prominent broker-channel companies. It also presents a model for other independent brokerage owners weighing the benefits of scale against the cost and complexity of operating alone.Under the deal ann...
Applications fell 5.7% annually in July, while government-backed mortgages accounted for half of builder-affiliated loan volume
Mortgage applications for newly built homes lost ground in July, another indication that builder incentives are struggling to overcome buyers’ sensitivity to elevated mortgage rates.Applications for new-home purchases declined 5.7% from July 2025 and 1% from June, according ...
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